£424,240
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Jun 2015. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £290,000 | 15 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in June 2015 the House Price Index for MEDWAY was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £290,000 results in an estimated price of approximately £424,240.
| 15 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £290,000 | £134,240 | £424,240 |
The Postcode Pricing Model uses changes in average sales price within the ME8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 43.290 % | £125,540 | £415,540 |
| 3 Month Average | 43.188 % | £125,246 | £415,246 |
| 6 Month Average | 52.675 % | £152,758 | £442,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £319,915 | £315,000 | 97 BROADVIEW AVENUE |
| 25 Oct 2023 | £383,715 | £375,000 | 5 SUNNYFIELDS CLOSE |
| 19 Oct 2023 | £460,458 | £450,000 | 11 TUDOR GROVE |
| 29 Sep 2023 | £490,820 | £480,000 | 13 TUDOR GROVE |
| 23 Jun 2023 | £408,180 | £400,000 | 70 BROADVIEW AVENUE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 25 Feb 2015. Using an estimated price of £424,241 means this house is valued at £3,340 per sq meter (£310 per sq foot).
The average size of a house on BROADVIEW AVENUE is 116 sq meters (1,258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Silverdale Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale Drive |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Beverley Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tudor Grove |